NewRiver REIT PLC Board Changes (3393T)
03 Luglio 2018 - 8:00AM
UK Regulatory
TIDMNRR
RNS Number : 3393T
NewRiver REIT PLC
03 July 2018
NewRiver REIT plc
("NewRiver" or the "Company")
Board changes
Following the announcement on 24 May 2018 that NewRiver's
Chairman Paul Roy had notified the Company of his intention not to
stand for re-election at the 2019 Annual General Meeting, NewRiver
announces today the appointment of Margaret Ford, Baroness Ford of
Cunninghame, as Chairman of the Company with effect from 1 October
2018.
Paul Roy has served as the Company's Chairman since its
formation in 2009, during which time NewRiver has grown from a
market capitalisation of GBP25 million into a FTSE 250
constituent.
Baroness Ford joined the Company on 1 September 2017 as Senior
Independent Non-Executive Director and has over 20 years'
experience as a Non-Executive Director and Chairman of private and
listed companies. Baroness Ford is currently the Chairman of STV
Group plc and was previously the Chairman of Grainger plc and a
Non-Executive Director of SEGRO plc and Taylor Wimpey plc.
NewRiver also announces today that Alastair Miller, a
Non-Executive Director of the Company, will replace Baroness Ford
as the Company's Senior Independent Non-Executive Director.
Alastair joined the Company as a Non-Executive Director in January
2016.
The Company has commenced a search for a new Non-Executive
Director and will provide an update in due course.
Paul Roy commented: "It has been a privilege to serve as
NewRiver's Chairman since the Company was founded nine years ago.
Thanks to the skill, dedication and enthusiasm of NewRiver's
executive management and employees, the company has grown from a
small AIM listed entity to a FTSE 250 constituent during this
period. In Baroness Ford we have found an excellent new Chairman
with significant property sector expertise, and I am confident that
I will be leaving the Company in very capable hands."
Baroness Ford commented: "I am delighted to be appointed as
NewRiver's Chairman, and would like to thank Paul on behalf of
NewRiver for his leadership over a successful nine years for the
Company. NewRiver is a great business with a strong track record of
delivering growing shareholder returns and investing in thriving
communities throughout the UK. I look forward to working with Chief
Executive Allan Lockhart and the Board to guide the Company through
the next exciting phase of its development."
For further information
+44 (0)20 3328
NewRiver REIT plc 5800
Allan Lockhart (Chief Executive)
Mark Davies (Chief Financial Officer)
Will Hobman (Head of Investor
Relations)
Finsbury +44 (0)20 7251 3801
Gordon Simpson
About NewRiver
NewRiver REIT plc (ticker: NRR) is a premium listed REIT on the
London Stock Exchange and a constituent of the FTSE 250 and EPRA
indices. The Company is a specialist real estate investor, asset
manager and developer focused solely on the UK retail and leisure
sector.
Founded in 2009, NewRiver is one of the UK's largest
owner/managers of convenience-led community shopping centres with a
property portfolio of GBP1.4 billion principally comprising 34 UK
wide shopping centres together with further nationwide retail and
leisure assets. The portfolio totals 8 million sq. ft. with over
2,000 occupiers, an annual footfall of 150 million and a retail
occupancy rate of 97 per cent. Visit www.nrr.co.uk for further
information.
LEI Number: 2138004GX1VAUMH66L31
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAUUABRWUABRAR
(END) Dow Jones Newswires
July 03, 2018 02:00 ET (06:00 GMT)
Grafico Azioni Newriver Reit (LSE:NRR)
Storico
Da Set 2024 a Ott 2024
Grafico Azioni Newriver Reit (LSE:NRR)
Storico
Da Ott 2023 a Ott 2024